1861 N SPRING --
Mesa, AZ 85203
About
Investment Opportunity! Turnkey 4-plex generating strong rental income in a highly desirable Mesa location. This fully occupied multifamily property features four 2-bedroom, 1-bath units, each approximately 867 square feet. Current rents provide immediate cash flow with additional upside potential through future rent growth and value-add improvements. Two units have been updated, while the remaining units offer opportunities to increase returns. Property features individually metered units, granite countertops in select units, and a newer A/C unit. Conveniently located near shopping, dining, schools, and major freeways, this asset is ideal for investors seeking stable income and long-term appreciation. Add this cash-flowing property to your portfolio today!
Property
Beds
20
Full Baths
None
1/2 Baths
None
Year Built
1984
Sq.Footage
N/A
Features
Features & Amenities
Interior
-
Total Bedrooms
20
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
Price
-
Sales Price
$749,999
-
Tax Amount
$1,483
-
Financing Options
Conventional, FHA, VA
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Mesa Unified District
-
Middle School
N/A
-
High School
Mesa Unified District
Property Features
-
Ownership
Fee Simple
-
Sewer
Public Sewer
-
Tax Lot
21
-
Water Source
Public
Schedule
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Location
-
County
Maricopa
-
Elementary School
Mesa Unified District
-
Middle School
-
High School
Mesa Unified District
Listing Courtesy of Silvia Del Toro Ochoa , My Home Group Real Estate
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Kelly Hammer
Associate Broker / RealtorĀ®
Call Kelly today to schedule a private showing.
Phone (520) 227-5144
Email Kelly@MandyGoldTeam.com
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